Profit Sharing · DOL Form 5500 · 2024

Sheet Metal Workers Local No 58 Retirement Fund Profit Sharing Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
212
Participants Below avg headcount
63rd
Percentile by assets National rank
$67,669
Avg per participant Below avg balance/head
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Official DOL plan name: Sheet Metal Workers Local No 58 Retirement Plan · Sponsored by Sheet Metal Workers Local No 58 Retirement Fund · New York · Construction

$14M in assets, 212 participants

Sheet Metal Workers Local No 58 Retirement Fund's Sheet Metal Workers Local No 58 Retirement Plan reported $14M in total assets and 212 participants in its 2024 DOL Form 5500 filing, ranking in the 63rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,591 in Construction (9,039 peers)

Coverage in New York

Sheet Metal Workers Local No 58 Retirement Plan covers 212 participants in New York, about 27% of the average New York filer (state average ~798 per filing). Assets: $14M.

#5,591
in Construction (9,039 peers)
+6.0%
assets growth YoY

Sheet Metal Workers Local No 58 Retirement Plan's mid-pack asset rank among Construction and all filers

Sheet Metal Workers Local No 58 Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$14,345,754 Top 37% higher than 63% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Sheet Metal Workers Local No 58 Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sheet Metal Workers Local No 58 Retirement Plan sits mid-pack in the medium band (212 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sheet Metal Workers Local No 58 Retirement Plan reported net income fell from $2M in the plan year 2023 filing to $798K in the plan year 2024 filing.
  • Sheet Metal Workers Local No 58 Retirement Plan end-of-year assets rose from $14M in the plan year 2023 filing to $14M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 161188938 · Sheet Metal Workers Local No 58 Retirement Fund PY 2024 · Profit Sharing

Sheet Metal Workers Local No 58 Retirement Plan · $14M · 212 · 63rd

  • PHOTO $14M
  • IND 212
  • EOY 63rd
  • 5500 Profit Sharing
  • ASSETS near J & P Solari Enterprises Keogh Plan
  • PCT ind #5591

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in New York →

Sheet Metal Workers Local No 58 Retirement Plan in the asset neighbourhood

Comprehensive Mental Health Center of Tacoma-Pierce County 403 (B) Retirement PlanComprehensive Mental Health …$14MMyron L Company Profit Sharing PlanMyron L Company Profit Shari…$14MRealty Resources Corporation Profit Sharing PlanRealty Resources Corporation…$14MSheet Metal Workers Local No 58 Retirement PlanSheet Metal Workers Local No…$14MJ & P Solari Enterprises Keogh PlanJ & P Solari Enterprises Keo…$14M
End-of-year total assets ($M) among Sheet Metal Workers Local No 58 Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$14M
Net Income$798K
Employer EIN161188938
Plan Effective Date1981-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sheet Metal Workers Local No 58 Retirement Fund)

Sponsor-wide plan assets over time

All Sheet Metal Workers Local No 58 Retirement Fund plans reported in each filing year

Latest sponsor-wide plan assets
$14M 21.489771640874277% vs 2022
2024 filing year
$11M$12M$13M$14M$15M 202220232024 $11.8M $14.4M ▲ +21.5%
Year Plans Participants Total Assets
2022 1 220 $12M
2023 1 212 $14M
2024 1 212 $14M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Sheet Metal Workers Local No 58 Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -10123 Total assets ($B) Participants Sheet Metal Workers Local No 58 Retirement Plan, Total assets ($B): 0.014345754 · Participants: 212Sheet Metal Workers Local No 58 Retirement PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 2.296401236 · Participants: 18200Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 2.056246349 · Participants: 3278Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.821807482 · Participants: 5817Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for the State University of New York Retirement Plan, Total assets ($B): 1.269293939 · Participants: 9758The Research Foundation for the State University of New York Retirement PlanRochester Regional Health 403(b) Defined Contribution Plan, Total assets ($B): 0.987006461 · Participants: 15432Rochester Regional Health 403(b) Defined Contribution Plan
Sheet Metal Workers Local No 58 Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Sheet Metal Workers Local No 58 Retirement Plan side-by-side with 3 peers →

Sheet Metal Workers Local No 58 Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is J & P Solari Enterprises Keogh Plan in CA ($14M); by covered participants it is Shaw Brothers Construction Profit Sharing Plan in ME (212 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (212 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sheet Metal Workers Local No 58 Retirement Plan assets move in 2024? ▼
Sheet Metal Workers Local No 58 Retirement Plan grew at a solid clip - up 6.0% during 2024, from $14M to $14M. Reported net income was $798K.
How have Sheet Metal Workers Local No 58 Retirement Fund plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sheet Metal Workers Local No 58 Retirement Fund's sponsor-wide assets grew 21.5%, from $12M to $14M.
Which Profit Sharing plans are similar in size to Sheet Metal Workers Local No 58 Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is J & P Solari Enterprises Keogh Plan in CA ($14M, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Sheet Metal Workers Local No 58 Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Shaw Brothers Construction Profit Sharing Plan in ME (212 participants, $27M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 161188938.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.